8Newly discovered fungi in Southwest China are voracious eaters of plastic and rubber
8Scientists hope they can provide better ways of recycling plastics

8Kenya plans to replicate the e-market mechanism adopted by the Rubber Board of India

Apcotex Industries Ltd is a producer of synthetic latex (XSB latex, VP latex, styrene acrylics and nitrile latex) and synthetic rubber (nitrile rubber, high styrene rubber, nitrile polyblends and nitrile powder).
8And the company got a thumbs up from a rating agency

This is the explanation given by a global synthetic pulp producer to raise prices
8"Amid an already ongoing rise in Japanese domestic naphtha prices, Russia’s invasion of Ukraine has caused a further tightening in energy supply–demand to result in accelerated crude oil prices and Japanese domestic naphtha prices alike. Prices on polypropylene and polyethylene – key raw materials for our synthetic pulp products – have consequently continued to surge, as have utility expenses and logistics costs. Further, these assorted costs are projected to remain high going forward."

8Singapore forward market prices

Get here the cotton prices for today
8China Cotton Index : 23-03-2022: 22784 Yuan (Changed: +70)
8Karachi Cotton Association Spot Rate: 23-03-2022: Pak 20180 (37.324Kg) (Un-Changed:)
8MCX - Cotton Future : 23-03-2022: May : 2022 : Rs. 40560 (Un-Changed: +60)
8NYBOT- Cotton Future: 23-03-2022: May: 2022 : $ 130.03 (Changed : -0.01)

8What is currently holding up Haldia Petrochemicals Ltd's Cuddalore petrochemical project?

8The new EIL CMD is redefining how a public sector company should be looked at

8Oil India has awarded a rig contract

8It looks like the plat to build a mega refinery by the private sector trio of IOC, BPCL and HPCL going to stay stalled
Find out what the immediate reasons for it

8Project Name: Dharwad District City Gas Distribution
8Project Cost: Rs 350 crore

8Project Name: Daman District City Gas Distribution
8Project Cost: Rs 250 crore

NPK Pilot Plant Greenfield Project
8Cost: Rs 90 crore
8Project Event: RFQ for the equipment & services is likely to be released in Q1 FY 2022-2023. The Pilot Plan is still in the progress at the Company’s R&D department. Based on inputs from the R&D department, the development of a pilot plant shall be taken up.
SSP Greenfield Project
8Cost:  Rs 48 Crore
8Project Event: The company has acquired land admeasuring 210377 Sq. Mts. (51.98 Acre) from Maharashtra Industrial Development Corporation (MIDC), Nardana Industrial Area, Dhule District. RFQ for the Local Contractor is likely to be released in Q1 FY 2022-2023.

8The de-clogging of the Mundra terminal is now running into fresh hurdles

8Gas markets are in a frenzy
8And this is not something that will cool down soon

Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8LPG
8Ammonia

8Indian private refiner Nayara Energy, part-owned by Russia's Rosneft, has purchased Russian oil after a gap of a year, buying about 1.8 million barrels of Urals from trader Trafigura, two trade sources said and Refinitiv data shows.

8Mukesh Ambani and Gautam Adani tiptoed around each other for years to reach the top two rungs of Asia’s wealth ladder. While one of them built an empire in telecom and retail, the other established a lock on transport and energy distribution.

8Energy hungry India is being targeted for purchasing Russian oil to meet its growing demand but fact remains that Europe and parts of Asia are bigger importers of Russian oil and gas even to this date.

8Oil futures extended gains on Tuesday morning on news that some European Union members are considering imposing sanctions on Russian oil and as attacks on Saudi oil facilities sent jitters through the market.

On March 24, 2022, the Mumbai market witnessed a rise in benzene prices.

A significant fall in MEK prices was noticed in Mumbai today. 

A fall in C9 solvent prices in the domestic market of Delhi was noticed on March 24, 2022.

On March 24, 2022, styrene monomer prices were assessed lower in Delhi.

BAM prices in the Hazira market have fallen sharply.